Thursday

Macro Trends + In-store Trends = New Opportunity?

With our Trends and Technology conference still recent in memory, and a lot of 2006 recaps/2007 predicitions for in-store in the press, my brain spit out an interesting dicussion... Does Storytelling and the rise of digital signage in-store create a new forum for brand engagement. (Also, do shoppers want it)

"In-Store TV is Hot
Target launched "Channel Red" in its entertainment departments, Kroger discussed its "Perfect Media" plans for integrated TV-radio networks, and Meijer went live with a chain-wide network...Wal-Mart best exemplified the issues surrounding in-store media...by placing monitors in aisles and on endcaps"
- In-store Marketer 2006 trend recap...

Also, more recently it was announced...

"Two divergent players in the world of in-store advertising are teaming up for a test that would surround shoppers with an ambient, multimedia advertising and marketing experience. The test, which will rollout in a sample of supermarkets owned by The Stop & Shop Supermarket Co., will combine the place-based programming of InStore Broadcasting Network (IBN) with personalized shopping media developed by Cuesol.


During the Stop & Shop tests, IBN will deliver synchronized advertising messages via its audio and video platforms in the store, which will be combined and integrated with Cuesol's technology, a high-tech shopping cart equipped with a digital personal shopping assistant dubbed the "Shopping Buddy."
- MediaPost 2/6/07

These applications in-store allow us to provide more in depth brand experiences to shoppers. Do shoppers want them? I don't know, we'll have to ask. If we push a bunch of complicated messaging at people, I'm guessing they won't be happy. But if user initiated content can be served up to shoppers to bring them further into our brands, how valuable is that? What does this mean in a world where we have espoused the notion that we have 3 seconds to seal the deal or shoppers will be lost.

Anytime we have a challenge to our conventional thinking, I smell opportunity. It may be an opportunity to fall flat on our faces, but opportunty none the less.

Storytelling: Consumers want to hear our story and share their own...
Technology: Shoppers can have an interactive, audio visual in-store experience...
The intersection of these two concepts has to mean something. I'm curious to see what.

1 Comment:

InStore Trends said...

Nice post

http://instoretrends.com/

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